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HERITAGE GLOBAL INC - HGBL STOCK NEWS

Welcome to our dedicated page for HERITAGE GLOBAL news (Ticker: HGBL), a resource for investors and traders seeking the latest updates and insights on HERITAGE GLOBAL stock.

Heritage Global Inc. (HGBL) is a prominent player in the industrial and financial asset sectors, specializing in the acquisition, disposition, valuation, and lending services for surplus and distressed assets. The company plays a vital role in the circular economy by diverting useful industrial assets from landfills and maintaining an ethical supply chain through comprehensive post-sale account activity oversight of financial assets.

Heritage Global Inc. operates through two main business units: Industrial Assets and Financial Assets. Within the Industrial Assets segment, the company has three primary revenue streams:

  • Heritage Global Partners (HGP): A globally recognized, full-service auction, liquidation, and asset advisory firm with a strong foothold in the industrial sector.
  • Heritage Global Valuations (HGV): Specializes in the valuation of commercial and industrial assets, including inventories and machinery.
  • Asset Refurbishment and Resale: Focuses on refurbishing and reselling used industrial machinery and equipment.

The Financial Assets segment involves the brokerage and specialty lending services, addressing the needs of account receivable portfolios and intellectual property transactions. Heritage Global Inc. has established itself as a reliable advisor and broker, helping clients manage and monetize their industrial and financial assets efficiently.

Heritage Global Inc. has made significant strides in recent years, expanding its global reach and enhancing its service offerings. It generates maximum revenue through its Auction and Liquidation segment, underscoring its expertise in the field. The company continues to innovate and adapt to market demands, positioning itself as a leader in asset monetization and ethical supply chain management.

Stay tuned for the latest news and updates on Heritage Global Inc. as the company continues to grow and navigate the ever-evolving industrial and financial landscapes.

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Heritage Global CEO to present at Fall Foliage MicroCap Rodeo Conference
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Heritage Global, Inc. to present at Virtual Tech Conference Series
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Heritage Global, Inc. to release Q3 2023 financial results on November 9, 2023.
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Heritage Global, Inc. to present at LD Micro Main Event XVI on October 3, 2023.
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Heritage Global Inc. files universal shelf registration statement on Form S-3 with the SEC, providing flexibility for future offerings of debt securities, stocks, and warrants.
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Heritage Global Inc. (NASDAQ: HGBL) to host an online auction of CFM56-3, 5A, 5B, 5C and 7B surplus parts inventory, no longer required by Skybus LLC, in collaboration with Cloud Investment Partners. The auction opens on August 16th and closes on August 17th, 2023. Key items include engines, LLP's, blades, disks, and more.
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FAQ

What is the current stock price of HERITAGE GLOBAL (HGBL)?

The current stock price of HERITAGE GLOBAL (HGBL) is $1.62 as of November 8, 2024.

What is the market cap of HERITAGE GLOBAL (HGBL)?

The market cap of HERITAGE GLOBAL (HGBL) is approximately 60.6M.

What does Heritage Global Inc. do?

Heritage Global Inc. specializes in acquiring, disposing of, valuing, and lending services for surplus and distressed industrial and financial assets.

What are the main business units of Heritage Global Inc.?

The main business units are Industrial Assets and Financial Assets.

How does Heritage Global Inc. contribute to the circular economy?

The company diverts useful industrial assets from landfills and oversees post-sale account activity, ensuring an ethical supply chain.

What is Heritage Global Partners (HGP)?

HGP is a full-service auction, liquidation, and asset advisory firm with a prominent position in the global industrial sector.

What services does Heritage Global Valuations (HGV) offer?

HGV specializes in the valuation of commercial and industrial assets, including inventories and machinery.

What is the primary revenue stream for Heritage Global Inc.?

The primary revenue stream comes from the Auction and Liquidation segment.

How does Heritage Global Inc. handle financial assets?

The company provides brokerage and specialty lending services, focusing on account receivable portfolios and intellectual property transactions.

What recent achievements has Heritage Global Inc. made?

Heritage Global Inc. has expanded its global reach and enhanced its service offerings, positioning itself as a leader in asset monetization.

What are some examples of assets Heritage Global Inc. deals with?

The company deals with turnkey manufacturing facilities, surplus industrial machinery and equipment, industrial inventories, real estate, and financial assets.

Where can I find the latest news on Heritage Global Inc.?

The latest news and updates can be found on the company's official website and financial news platforms.

HERITAGE GLOBAL INC

Nasdaq:HGBL

HGBL Rankings

HGBL Stock Data

60.59M
37.34M
15.92%
34.89%
0.04%
Capital Markets
Services-business Services, Nec
Link
United States of America
SAN DIEGO